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HomeMy WebLinkAbout1491 zsoszs . THIS INDENTURE. Mad~ th~ ~3~ da of ~~h A.~. 19~. b~twe~n Edward C. Ebe~ling and t3retchen A. Ebeli»~, ~ts vife , of Sti• LilC~A Cp~nty Flaida. I1N~IMAM dfilgMffd ~s tM "MORTGAGbR," and FIRST FEDERAI SqVINGS ANO IOAN ASSOCIATION Of FORT PIERCE, a corpaation ap+nu~d and ~aiiti~+p und~+ fM I~ws of th~ U~~t~d StaN of Arrwrka a~d Mvkq iM princtpa! pi~a of bwfnas h tiN Ciry of foA Pi~tu, St. luti~ Co~rnty, Ftorida~ F1Nt1MNN ~I9M1ld as tM "MORTGAGEE." WNEREAS tM MORTGAGOR h jwtly ind~bt~d to tM MORTGAGEE in ths awn of yood and I~wful mon~y of the V~it~d Stat~s adva~c~d by the MORTGAGEE unto tM MORTGAGOR, as evidenced by • cata~n promiuwy ~ote of evsn dats Mrewi(h, of which tM folbwirg in w«ds ~nd fiyures ts a trw copY. to-wit: ~ 10~~0~~ ~ 1~19~1 ~ Fort PiKC~. Florida. N8I'Ch 23~ 19~ Fp valua ~eceived, 1, we or eithe~ of us, promise ro psy, without dehkation, to the order of fIRST FEDERAI S~AV~INGS AND LOAp! ASSOCIATION OF ~ FORT PIERCE at Fwf Pi~e,rce~, Florida, the sum of = 10~~~•~ with inte're'st from date at tha rate of 1~J % per snrwny 1~'monthly initall- ~ mcnts as follows: i--i-4~~^! on the l~h day of AuiN9t 19~ and s like sum on ths correip«+cli~?p day of each moroh therr afte~ until the whole be fully paid. i Each installment firit shall be applied in payment of the interest and then on tM u~psid balance of the princip~l wm. If default is made i~ ths ~ payment of sny inshl~ment when due, and such default continues 30 days, then at the optae of the holder, and without any other notice, all the rem+inin9 ~ installments shall be due and payable at once. Privilegs is given to prep~y this oote in whole or i~ parf at ~ny time without penaly. Neither forebeannce, nor saeptante by the holder thereof afier any default in a~y payments hereon, sMil be deemed extension. A late paymeM charge of S 3~70 sMl) be ~ added to each iostallment remaining unpaid 7 days after its due date, and • like tum shall be added to each such installment remaining unpsid 7 days ~ffa each sucteeding payment data ~y Exh maker, surery and endwser hereof, joinNy and sevenlly, 'waives demand, p?esentment p~otest a~d notice of proreat fw nonpayma+t, and fuAher ~1 agrees to any exteniwn of time of payment, either before or after maturiy, without ~otice to any of us; and to pay all costs of collMion, includ'+np a reasonabk attwney i fee in the event oF any default hereunder, and hereby severally waives all benefit of homestead and exert+ption under ths tonstitution and laws of each State of the United States, as against this obligation p aoy extension or renew~l eof. ~ ~ Witness the hand and seal of eath party. ~ S 2~ Ci • 8b81 ($E/~U c.SL...~~..~ (SEAt) ~ S retchen A. Ebelin~ ~„y ~ r $15.00 (s~?q ) Stsfe Revenue ~ ~s~..~-~~~,~~ ' NOW, THEREFORE, the MORTGAGOR for the purpose of sec~rirg paymcnt of said svm of 510~0~•~ , and tM pe~formance of ths ~ coven~nn and agreemenri 1?ereinafter expressed, and fa divers good and wtwbte cauideretiwa, by these presents, does yrant, barp~in, sell, remise, release, convey and confirm unto the MORTGAGEE, iri sutceuors and auigns, all that certain bt, pieos ot putel of I~nd, situate, lying, and beirg in ths St. IuCie Camf~r of .~nd State of Florida, described ~s follows: \ PORT ~ ST . LiICIE Lot 16, Block 3218,/1~"LORESTA PINES, DNIT 1, as per plat thereof on file in Plat Book 16, page 35, Ptiblic Records of St. Lucie Co~mty, Florida, ~ t~-~ ~ I'~ ~@ ~ ° oF ~ URIC~A~ c~ ~ " C~ ' RY TA P A X ~ 0 ~ °c-+ OfPI.Oi REIIENUf . ° ~ i ~ ~~;~~,I?~• ~~S ~y ~ o = Pi i.'rR-2'73 = : ~ ~7. Y O ~ ~~~~f~ ~ w~ , ~~r~ ~ f ~ :110? s~ ~ ! ° ~ ~ ~ together with all snd sirgular the tenements, hereditamenri snd +ppunances therevnto belo~ging w in anywise appert+ining thereto, and all renri, iuues, proceeds snd profin accruirg and to sccrue from said premises, all of which are included in the above and foreyoirg description and Mbendwn. TO HAVE AND TO HOW the above described snd granted premises unto the s~id MORTGAGEE, it~ wocessors and assig~u forever. Md th~ sald MORTGAGOR for t~~ hein, execvton, administraton and augns, hereby covensnn with the said MORTGAGEE, its waesson ~nd assip% ~ that ~'h@p arA Iawfully uized of the said premises in fee simple; that the same are fres, ckar ~nd discharged from all I'iens and ~ncvm~ ~ brances in I~w q in equity, and that t'h~ wi11 and {'h8~ hein shall wurant and defend ths titk to tlw same to the s+id MORTGAGEE, in s~cceuors and assigns, forever agairut the lawful clsimt a~d demsnds of all penons; ~ PROVIDED, ALWAYS tF~st if the MORTGAGOR shall pay unto the MORTCsACsEE the promisswy note hereinbefort de~cribed snd th+ll truly, pramptly and fully perform, discharge, execute, compkte, comply with snd abide by esch +~d every the stipvlations, ~preertrcnn, conditaro and coven~nb of said ~ promissory aote snd of this Mwtgsge, then this Mwtgage and the Estate haeby vested shall cease and be null uid void. ~ IT IS UNOERSTOOD that the word "1Mortgsgor" whether in the singular or pl~ral anywhere in this Mortgsge, shall be sinpulr if ont only and shall be plural jointly and sever~lly if more than one, and that the word "their" ss u~ed snywh~re in this Mwt9spe sMll be taken to me~n •'his,•••'hen;• a"ib;' wherever the context w implies or admits. Also, that wherever there is a reference in the covcnanb and ay~sanenri herein oonbinad to am of ~ the psrtiei hereto, tl+e ssme shall be c«atrued to me~n ~s well ss tF~e hein, kyal r~presentatives, wcceasort and auigm (either vol~rntsry by act of th~ parties or involuntery by operation of the law) of the ssme and thst the covenants herein contained sh~ll bi~d u~d the benefia ~nd ~dvantay~s irwr~ ~ to the respective hein, kyal representatives, successon and au~yra of the p+rties hereto. And said Mortgagors, for themselves and their F~ein, leysl representativa, wctesson ~nd sssi9ro, hereby jointly snd severally tovenant ~nd apree ro ~nd with the tsid MORTGAGEE, its successon and auigns: ~ 1. To pay sll and sirguln the principal ~nd interest and the various and wndry sums of mo~ey paYabl~ by vinw of Hid promiswry nots, and tha mortyaye. ~sch snd every, promptly on the day~ respectively the same tsv~rally become due. ~ 2. To p~y •11 ~nd i1f1~VIN tI1Q 11XQf• aiiessmenn, levies, liabilities, obligations ~nd encumb~nces of svery natur~ and kiod now oe said d~scribed ~ prc?perty, a that hereafter rn~y be imposed, wffered, placed, levied, a auessed thereon, o? tFut hereafter may b~ kvid or u~essed upon thi~ Mat~ ~ a9e, a fhe indebtedness secured hereby each and everyr, wben dvs and pay+ble, aaordinp to law, before thep becorn~ delinq~em, and b~fore any int~rat ~ atraches a any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAU 6E PROMPTIY SATISf1ED AND DISCHARGED OF RECORD ANO THE ORIGINAI OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX REGEIPT OR 1HE SATISFACTION PMER OFFICIALIY ENDORSEO t OR CERTIFIED) SHAII 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the event that any thsreof is ~ol j pa~d, sat'sfied and diich~rped sa:d MORTGAGEE may at any time pay the sa~++e a any pa~t thereof w~tha+t wsivinp or affectinp a~y option, liwn, eq~ity a ~ •pht under a by virtue of this mort9age and the full amo~nt of e+ch ~nd every wch payment ~hall bt immsdiately due aod p~yabk and ihall beu intaest ~rom the date thereof until paid a~ rate of nine per centum per annum and toyetFier wlth such imerest I ur by tM tien of th:s morqt~pe. PA~t ~.49i ~ c~ ~ ~ ~ . s`~ ~ - _ _ _ k ~ '`s.~ s~~;. ~